55-14-40. Disposition of amounts due to unavailable shareholders and creditors.
Upon liquidation of a corporation, the portion of the assets distributable to a creditor or shareholder who is unknown or cannot be found shall be disposed of in accordance with Chapter 116B. (1947, c. 613, c. 621, s. 1; G.S., s. 55-132; 1955, c. 1371, s. 1; 1971, c. 1135, s. 4; 1979 2nd Sess., c. 1311, s. 6; 1989, c. 265, s. 1.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 55 - North Carolina Business Corporation Act
§ 55-14-01 - Dissolution by incorporators or directors.
§ 55-14-02 - Dissolution by board of directors and shareholders.
§ 55-14-03 - Articles of dissolution.
§ 55-14-04 - Revocation of dissolution.
§ 55-14-05 - Effect of dissolution.
§ 55-14-06 - Known claims against dissolved corporation.
§ 55-14-07 - Unknown and certain other claims against dissolved corporation.
§ 55-14-08 - Enforcement of claims.
§ 55-14-09 - Court proceedings.
§ 55-14-20 - Grounds for administrative dissolution.
§ 55-14-21 - Procedure for and effect of administrative dissolution.
§ 55-14-22 - Reinstatement following administrative dissolution.
§ 55-14-23 - Appeal from denial of reinstatement.
§ 55-14-24 - Inapplicability of Administrative Procedure Act.
§ 55-14-30 - Grounds for judicial dissolution.
§ 55-14-31 - Procedure for judicial dissolution.
§ 55-14-33 - Decree of dissolution.
§ 55-14-40 - Disposition of amounts due to unavailable shareholders and creditors.